Pi Network Distributes 26.5M PI to 1M KYC Validators

PI0,21%

Pi Network has taken another step forward in building its ecosystem. The project recently distributed 26.5 million PI tokens to more than 1 million KYC validators.

These rewards were given to users who helped verify identities on the network. This process is important. Because it ensures that real people, not bots, are part of the system. While the update shows that Pi is focusing on real activity and progress, not just hype.

Rewards Given to Active Contributors

Pi Network rewarded users who took part in its Know Your Customer validation process. Over 1 million validators received rewards for checking and confirming user identities. In total, 26.5 million PI tokens were distributed.

According to updates, these rewards were given at a much higher rate than before. This was done to encourage more participation and faster verification. The KYC process plays a key role in Pi’s system. It helps build trust and keeps the network safe from fake accounts. By rewarding validators, Pi is encouraging users to take part in building the network.

Building a “People-Powered” Network

Pi Network often describes itself as a people-powered economy. This means the system depends on its community, not just a small group of developers. The latest reward distribution supports this idea. Instead of relying only on machines or central systems. Pi uses real users to verify and secure the network.

So far, more than 18 million users have been verified through KYC. This is a major milestone for the project. Because of this, Pi is slowly building a network where users play an active role. In simple terms, users are not just holding tokens. They are helping run and secure the system.

Protocol Upgrades Continue

Along with the rewards, Pi Network also shared updates about its technology. Recently, Protocol v21.2 went live. This upgrade is part of a series of network improvements. The team intends to launch Protocol v22.1 on April 22. Each version seeks to enhance performance and include new features

One of the main goals is to move closer to full smart contract support. This would allow developers to build apps and services on the Pi network. These upgrades show that the project is still in an active development phase.

Focus Remains on Growth and Utility

Pi Network is taking a step-by-step approach. First, it builds its user base. Then, it improves its technology. Now, it is working on creating real use cases for its token. The reward system is part of this plan. It motivates users to stay active and contribute to the network

Concurrently, regular upgrades help improve the system’s performance and reliability. While the project is still developing and these updates show steady progress. In simple words, Pi Network is trying to build something useful over time. Instead of rushing, it focuses on growth, participation and real activity. Furthermore, the latest reward distribution is a sign that the network is moving forward, with its community playing a central role.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pi Network launches the PiRC1 token framework, banning projects that have no real-world applications from issuing tokens

Pi Network unveiled the Pi Token Design Framework PiRC1 on April 22 as part of the Protocol V22 upgrade. PiRC1’s core rule is: only projects that already have deployable applications within the Pi ecosystem and that have real user demand are eligible to issue tokens. Token proceeds do not flow to the project team; instead, they flow into a perpetual liquidity pool anchored by Pi Coin to prevent rug-pull behavior.

MarketWhisper04-24 03:27

OpenClaw 2026.4.22 Unifies Plugin Lifecycle Across Codex and Pi Harnesses, Reduces Plugin Load Time by Up to 90%

Gate News message, April 23 — OpenClaw, an open-source AI Agent platform, released version 2026.4.22 on April 22, with its biggest change being the alignment of Codex harness and Pi harness lifecycles. Previously, plugins behaved inconsistently across the two harness pathways, with some hooks

GateNews04-23 14:41

Pi Network releases an opinion solicitation draft for PiRC2, opening contract review for the testnet subscription

Pi Network core team released the second Pi Request for Comments draft (PiRC2) on April 23, announcing that the testnet will open subscription smart contracts for technical review and community feedback, and inviting developers to test the subscription feature integration, review contract design, and identify potential vulnerabilities. As of the time of reporting, the PI token is about $0.17, unchanged from the previous day.

MarketWhisper04-23 05:15

Pi Network founder May 7 discussed human identity verification in the AI era at Consensus 2026

Pi Network founder Nicolas Kokkalis will attend the Consensus 2026 conference in Miami on May 7, joining an expert panel to discuss online human identity verification issues in the age of artificial intelligence (AI). According to the official event schedule, this panel discussion will bring together experts in the fields of identity, privacy, and digital trust.

MarketWhisper04-21 06:20

Pi Network issues a node upgrade warning: if you haven’t upgraded by April 27, you risk being disconnected

Pi Network has issued an official notice to node operators, requiring them to complete the mandatory upgrade of the agreement version 22.1 (v22.1) by April 27, 2026; otherwise, they face the risk of their nodes being cut off from network connectivity. According to a Pi Network announcement, this upgrade must be carried out in strict version order. Currently, the system is running on version 21.2; the next step is to upgrade to v22.1, and no versions may be skipped.

MarketWhisper04-20 06:51
Comment
0/400
GateUser-e2b859acvip
· 04-13 14:21
Steadfast HODL💎
View OriginalReply0